Kyriba Among Cloud Top 500

Kyriba Recent Developments

Recent wins included American Express Global Business Travel and AVG Technologies N.V. The former picked Kyriba's Payment processing solution, while the latter purchased Kyriba Enterprise for treasury management. New opportunities include renewed focus on compliance as an extension of its treasury and risk management systems, while bolstering its channel efforts through partners like NetSuite.

Kyriba Key Enterprise & Cloud Applications

Kyriba Enterprise,

SCORES Analysis

Kyriba Strengths

Founded in 2000, Kyriba sells treasury management solutions to CFOs and finance teams, providing them with global visibility into their operations with a fully integrated Cloud-based platform that combines cash, treasury, and risk management functions.
Over the past two years, Kyriba added more than 170 clients each year, continuing its growth streak.

That’s on top of the 145 clients added in 2013 and 106 wins in 2012.

The steady increase in the number of customers, now more than 1,300, underscores the global appeal of its products, winning support from a wide range of multinationals in Japan, Middle East and Asia.
Examples included ADK, an advertising agency in Japan, CWT Limited, a logistics company in Singapore, and Averda, an international waste management company based in the UAE.

Adding value to that has been its channel development effort as Kyriba makes inroads into customers of popular ERP systems from vendors like NetSuite.
In 2014, Kyriba signed agreements with ERP Guru and TrueCloud, both North American NetSuite integrators.

These relationships are expected to allow Kyriba to establish a foothold among the over 20,000 midmarket customers of NetSuite.

Similarly, Kyriba has been selling into the midmarket in Europe through Cegid, a major ERP vendor in France.
Another component of its highly scalable outreach program stems from its ties with major banks including Societe Generale, a reseller partner in France, as well as regional resellers such as Altin in Spain, Portugal and Latin America, and Treasury One in Southern Africa.

With 90% of customers in corporate, Kyriba banks on a full portfolio of TRM apps from cash management to payment factories, risk management, connectivity and bank relationship management.
In 2014, the vendor unveiled Kyriba 14.2, which contains a wide range of enhancements, enabling Kyriba’s global client base to run proactive and strategic global treasury departments, and giving treasurers greater control over their cash.
As part of Kyriba’s vision to be the global leader in cloud treasury management it has launched two upgraded versions of its Kyriba Enterprise treasury management software in 2015, further enhancing its clients’ ability to proactively manage their treasury needs in bank account management, risk management, strategic cash forecasting, increased international bank formats, and financial transaction accounting.

Kyriba Revenues, $M:

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Kyriba Cloud Infrastructure Insights

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).